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Norway to buy four ThyssenKrupp subs in 4.3 billion euro deal

Updated: Tue, Aug 22, 2017
06:53 pm
Reuters
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Norway plans to sign a deal to buy four submarines from ThyssenKrupp in 2019, Norwegian defence minister Marie Eriksen Soreide said on Tuesday during a visit with her German counterpart to a German marine base.

German media has reported the four submarines will cost 4.3 billion euros ($5.06 billion).

The purchase of the ships is part of a cooperation agreement between the two countries, under which Germany`s armed forces will buy two identical submarines from Germany`s ThyssenKrupp and missiles from Norway`s Kongsberg.

"We want to sign the deal in 2019 and get the first submarines in the mid-2020s," Eriksen Soreide said.($1 = 0.8498 euros)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)